About 15 miles east of downtown Knoxville, Tennessee in the rural little community of Corryton is the Oakes Daylily Farm, home to the annual Daylily Festival.
If your Knoxville or Farragut Tennessee home is on the market for sale and not selling here’s some things you can do to change that and help it to sell quickly. None, or even all, of these things are guaranteed to make your house sell but I think most would agree that the more you tilt the odds in your favor the better your chances of a sale become. Visit Knoxville Home Center for 40 free tips to make your home sell faster and for more money. Call or email Jim for a COMPLIMENTARY package of Knoxville area information including a map.
Knoxville area mortgage rates surged this past week to a nationwide average 6.42% for the most common 30 year fixed rate.
These levels are the highest Knoxville and nationwide mortgages have been to since September 27th of 2007! According to the latest sales figures from the Knoxville Area Association of Realtors the median price paid for a 3 bedroom home in Knoxville was $184,700. If rates continue their rise as lots of savvy financial folks predict they will we could be seeing 7+% interest rates this fall.
Tomorrow will almost certainly cost you more money not to mention the increase in the price of Knoxville and Farragut area homes. There’s all sorts of activities, rallies, rides, shows, and just hanging out with like minded people at the Knoxville based Hoot so strap on your helmet, fire up your bike, and come on down.


The Knoxville & Farragut Tennessee sales figures for May of 2008 are now available to view here. Days on the market (time from listing to contract) are almost unchanged from this past April; 101 days in May versus 100 days in April of 2008. The median price of a 3 bedroom Knoxville area home was $184,700 this past May versus $163,600 in April 2008. In May of 2007 we sold a total of 1,666 single family homes and condos in all price ranges.
All in all, Knox County sales are still good, interest rates are still around the bottom of the 6% range but I tend to agree with the experts and predict they will start drifting upwards in the next few months. She wanted to have a special day to honor her single parent father for the selfless devotion he gave his family. It was not our first visit, we’ve been several times to see the spectacular display of around 40 acres of blooming, beautiful Daylilies.
Oakes has about 50 different varieties of these shade loving plants in addition to their thousands of different varieties of Daylilies. Go out your front door, walk across the street, and take a hard look at the view potential buyers see when they drive by.
If you buy the median priced home with FHA financing and pay the minimum 3% down that means you would be getting a loan for $179,100. Now you can see Ducatis, Kawasakis, Triumphs, Vespas, and most every other brand of bike ridden today at the Hoot.


The median is the middle price; half of all sales were above the median and half were below. It was conceived and first celebrated June 19th, 1910 by a young lady named Sonora Dodd in the state of Washington while listening to a Mother’s Day sermon in church. Both were brief because they each have their own families now and things to do but I look forward to the annual calls and cards.
Just across the lake is a big wagon load of visitors being given a tour of the Oakes Daylily Farm. The first official Hoot event is an ice cream social instead of a beer bust so the only danger there is increasing your weight. President Lyndon Johnson signed a presidential proclamation declaring the 3rd Sunday of June as Father’s Day. What buyer wouldn’t be attracted to the notion of not having to lift a finger on moving in day but rather directing free movers where to locate their heavy furniture. Adding 1% to the fee a buyer’s agent can earn is a small portion of your sales price but it can attract more agents to push your house to their buyers. But it did not become an official day of recognition until 1972 when President Richard Nixon signed a law which made it permanent.




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